1. XOOM Xoom looks by far the best solution for such situation. Here is what you have to do. Ask your client to goto www.xoom.com and create an account there. Once created, they can add your bank account info in their PAYEE LIST. Then they can just pull funds from their credit card and send the funds to the PAYEE. Xoom charges some fees, but that should be ok, since they give better currency conversion value also someone has said, "Something is better than Nothing." 2. WIRE TRANSFER Wire Transfer is one of the most secure payment processor, which is also called Direct Inter Bank Transfer. It takes around 4-6 days to get credited to your bank account and you have to give your Bank Swift Code, IFSC code, etc to your client. Clients are charged around 25$ for a single Wire Transfer. Thats cheap and the best. I always prefer Wire Transfer. 3. WESTERN UNION This is another good way, but there is a yearly limit and clients are charged somewhat huge for Western Union. All you have to do is, give your name and address to your client and they can just goto Western Union website and process the payment and you can instantly withdraw it from any Western Union outlet in your city. Mostly they are available on SBI Banks and Bank of Baroda branches.
thanks for the information. We can easily get IFS codes .But what is a Swift Code? How much they charge per transaction for wire transfer ??
Call bank and they will give you the bank Swift code right away. And for Wire Transfer, it costs just 25$ for any amount you do.
SWIFT code is a unique number given by SWIFT to all banks which are in SWIFT network.you can also find swift code for your bank in their site
Remit2India is a good alternate (I hope it will help , but I'm not try it before) Please any one share about your Experience with Remit2India. Remit2India allow business transaction
I am preferring to give benefit to our customers/buyers than giving any additional money to any third-party payment processing system till the paypal issue is getting resolved. You can refer the another DP thread.
I've used Xoom a couple of times back in the beginning of this year, when PayPal was having issues. Then, soon after Xoom stopped accepting PP payments, it started canceling my clients' payments, even though these were funded by credit card, or bank account, and were not funded by PayPal. Anyone have any ideas on why these cancellations? Similar experiences, anyone? A client tried sending me money again via Xoom yesterday (funded by CC) , and it got canceled... Their customer service is pretty bad... there are no clear answers about the reasons for the cancellation..
One buyer sent me via Remit2India from UK, took around 15 days. He informed that there were some issues as he sent using his bank account.